University to Reassess Facility Portfolio and Conduct Infrastructure Survey

BURNABY, BC--(Marketwire - August 4, 2008) - Wilfrid Laurier University, one of Canada's
most innovative universities, is working with VFA Canada Corporation to
reassess the condition of more than 80 buildings across its Waterloo,
Kitchener, and Brantford campuses, encompassing more than 2 million square
feet. Along with the facility condition assessment, VFA Canada will also
survey Laurier's infrastructure including parking areas, roads, sidewalks,
bridges, telecommunications system, utility distribution and storage tanks.
VFA Canada previously conducted facility condition assessments for Laurier
in 2002 and 2004.

Laurier will continue to use VFA.facility® capital planning software as
its central database for facility information and as a decision support
tool in developing long-term capital plans. With the updated data, Laurier
will be able to proactively plan for its maintenance and renewal needs and
demonstrate how these investments support the university's long-term goals.
Laurier is among more than 18 universities in the Ontario University System
using VFA Canada solutions since 2002.

"Some of our historic campus facilities are dated, and we must ensure that
we continue to maintain and upgrade the buildings and infrastructure to
adequately support the university's mission," said Ray Robichaud, Manager,
Customer Service & Business Operations at Laurier. "With objective and
reliable data, we are better able to prioritize maintenance and renewal
projects and ensure that our long-term capital investments are aligned with
those objectives."

"Accurate data serves as a strong foundation for an organization's
long-term planning," said Susan Anson, General Manager of VFA Canada.
"Laurier is demonstrating their commitment to planning for the University's
future as well as maintaining and improving the facilities and
infrastructure over the long term through the proactive management of
capital assets."

About VFA Canada Corporation

Headquartered in Burnaby, B.C., VFA Canada is the leading provider of
end-to-end solutions for facilities capital planning and asset management.
VFA solutions
uniquely combine
facility assessment services,
Web-based software and
business consulting services to enable customers to manage every stage
of the capital asset lifecycle -- from requirements gathering and long-term
planning to capital budget creation and spend management. More than 400
organizations in corporate, education, government and healthcare markets
have relied on VFA solutions to strategically manage their capital assets.
VFA's flagship software product, VFA.facility®, is currently used to
manage more than 2 billion square feet of real estate. For more
information, please call 888-685-3757 or visit
http://www.vfa.com/index_canada.htm.